Market News
Marijuana Industry Still Faces Significant Insurance Coverage Issues
The expansion and availability of medical and legalized recreational marijuana along with future growth projections position the marijuana industry as an emerging market for insurers, according to A.M. Best. Read More
RAA Reports Improved US Reinsurer Operating Results Year over Year
The latest Reinsurance Association of America (RAA) survey reveals that a group of 17 US property-casualty reinsurers wrote $59.3 billion of net premiums during the 12 months ended December 31, 2018, compared to $45.3 billion for the same period in 2017. Read More
Guernsey Highlights Captive Solution to Pension Scheme Risks
Guernsey provides a captive-based solution as an alternative to full pension buy-in/outs as a means to manage defined benefit pension scheme deficits. Read More
IVANS: Commercial Lines Renewal Rates Experience Positive Changes
IVANS has announced the "IVANS Index: Premium Renewal Rate Index" February results. Year over year, February results showed an increase in premium renewal rate change across all major commercial lines of business except workers compensation. Read More
Sigma: Economic Power Continues To Shift from West to East
According to the latest "sigma" report from Swiss Re, emerging markets will remain the growth engine for the global economy and insurance industry over the next decade. Read More